Forex Signal Buy Sell Trend Indicator
Forex Signal Buy Sell Trend Indicator is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is following the trend and buy / sell signals on the chart. Its source code uses the Stochastic oscillator, moving averages and ADX. It draws arrows on the chart. It has 11 settings, for example ma (default moving average), MAperiod (default 5) and Shift (default 2). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Signal Buy Sell Trend Indicator
Forex Signal Buy Sell Trend Indicator is an indicator for MetaTrader 4 based on Stochastic, Moving Average and ADX. It draws buy and sell arrows on the chart. It has 11 settings, such as Ma, M aperiod and Shift. MQL source code included.
Files in the download: installation manual.txt, signal_trend_dan_op.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Ma | moving average | |
| M aperiod | 5 | Period or timeframe used by the calculation |
| Shift | 2 | Bar shift (0 = current bar) |
| Sa | stohastic | |
| Kperiod | 14 | Period or timeframe used by the calculation |
| Dperiod | 3 | Period or timeframe used by the calculation |
| Slowing | 3 | |
| Adx | adx | |
| Adxperiod | 14 | Period or timeframe used by the calculation |
| Poin | 100 | |
| Arrowmacd | true |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Buy/Sell Arrows · Trend · Stochastic · Moving Average · ADX · MT4 Indicator · MQL4 Source Code